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German inflation hits two-year high
9 December 2010 Last updated at 11:28 GMT
Germany's inflation rate hit 1.5% in November, the fastest pace in more than two years, thanks to the increased cost of food and energy.
In September and October, the inflation rate had been 1.3%, according to the official figures from Destatis.
Despite the rise in prices, inflation remains below the 2% threshold the statistics agency sees as representing an unhealthy rise in prices.
It is also well below the UK's inflation rate of 3.2%.
Destatis said that the cost of energy showed an annual increase of 5% in November, while food prices rose by 3.4%, with vegetable and fruit prices up more than 10%.
With food and energy taken out of the calculation, inflation would have stood at 0.9%, it added.
Germany is currently the growth-engine in Europe, experiencing strong expansion when many of its neighbours' economies are struggling to recover from the downturn.
A recent survey suggested that business confidence in the country was at a 20-year high.
9 December 2010 Last updated at 11:28 GMT
Germany's inflation rate hit 1.5% in November, the fastest pace in more than two years, thanks to the increased cost of food and energy.
In September and October, the inflation rate had been 1.3%, according to the official figures from Destatis.
Despite the rise in prices, inflation remains below the 2% threshold the statistics agency sees as representing an unhealthy rise in prices.
It is also well below the UK's inflation rate of 3.2%.
Destatis said that the cost of energy showed an annual increase of 5% in November, while food prices rose by 3.4%, with vegetable and fruit prices up more than 10%.
With food and energy taken out of the calculation, inflation would have stood at 0.9%, it added.
Germany is currently the growth-engine in Europe, experiencing strong expansion when many of its neighbours' economies are struggling to recover from the downturn.
A recent survey suggested that business confidence in the country was at a 20-year high.
